No one knows how the precise trajectory will unfold, but if this pattern holds it will be considered by many to be the official start of the new bull market phase. Now gaze upon my esoteric visions and ask yourself what you wouldn't do for a sensory deprivation flotation tank in your basement? I come up short when posed with such a question.
Black line = New Years Green line = Significant physiological Blue line = WTF just happened If Bitcoin were to follow its strongest trend line through 2024, 1 Bitcoin = $1,000,000 by the end of 2024.
The 2 hour Coinbase chart looks to be building a bull flag for another leg up. That's what it looks like, what do you think? Does this move have another leg North before a retrace? Or is this all she's got?
Cause i've been losing mulahz ever since I started shorting this mafia joint. I mean LOOK! why wouldnt you short it on 2hr chart. feck!!! It's frustrating lol
Currency markets are convinced that Brexit won't happen after the most recent voting in Parliament. Parliament doesn't like May's deal. Fair enough. But Parliament also doesn't want no deal. Okay then so what exactly is it that Parliament wants? We are increasingly approaching a situation where the UK accidentally crashes out the EU with no deal set in place....
I made this one after the drop to 3150. I took into consideration what another ta had predicted being the bottom which he calls for 1800 or 1100-1300. So I put a bunch of fibs in and used the first capitulation bottom from the ath as the top of my fib retrace and brought it down to 1200ish. Blah blah blah. Really I have no idea what I did anymore...
I hope this is a gaffe or joke: the headline in the queue reads "Bitcoin undervalued by 34k according to infamous Dickline." If not, that's the intelligence we are dealing with in the crypto press. I have gotten used to it. Joking aside, in the circles appears to be a death cross followed by a golden cross?? I'm learning as I go so please feel free to help me out...
Hey traders , First i want to mention that is most fundamental analysis , combination with technical. Lets go straight to our chart: USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA). On daily we see a green pin bar , from price action this is signal that the price will go lower. The oil prices seems to recover after the bull...
Hi Guys, sorry I am just a bit pissed right now with myself. Just wanted to share it with you. No need to put any disclaimer. Good night everybody. Thank you for following and for sharing your ideas.
How weird is this?!?! PS: this is a just a random anomaly that Im watching for sh!ts and giggles - I already know that should not chart a shorts/longs chart, and I know this is not a real EW... its just a directional illustration
The massive volume spike in the 2nd move up didn't materialize into a rally and failed to intermediate support (POC). This PA is a major criteria for a rev sym triangle setup. To confirm this setup, price needs to move up a third time and fail roughly at the red box (the red box is also a major pivot). Price won't move in a straight line, could fall to 6K and...
My quantitative 3D price action modelling and predicting method ; )
Ever since i started with forex and crypto almost 2 years ago i was wondering what even is goin on ? In my early days i read every book i could get my hands on, always thinking the magical answer to trading must be somewhere hidden in those books. Edward Magee , Murphy, Voigt were definitely the good ones. Anyway. 95 % of all traders loose their money. And...
Like I said in the title WTF! Litecoin just decided to go on a freakish bull run today which normally I would be happy about, but there doesn't seem to be any real reason for this degree of movement. I sincerely hope that this volume is not because of the Litecoin Cash fork that was openly dismissed by Charlie Lee as a complete SCAM! I want to believe that people...
I expect Eos to retrace back to point c after finishing 5 waves and then possible consolidate through the cloud, if BTC takes off to challenge exiting the descending triangle then EOS might shoot lower to the third box and create a new trend line on the 1/2 gann line. Any further than this and the chart would be invalid as it would likely become a bear trend....